In its first move to significantly expand the fleet after the Tatas took over, Air India has leased 25 Airbus narrow-body aircraft and five Boeing wide-body planes. These will enter service starting December, the company said on Monday. A wide-body plane has a bigger fuel tank, allowing it to travel longer distances such as India-US routes.
Sikandar Raza powered Zimbabwe to a 31-run win over Ireland
Technology giant Apple, which recorded $83 billion in revenue for the quarter ended June 2022, has reported a "near doubling" of revenue in India. Announcing financial results for its fiscal 2022 quarter ended June 25, Apple on Thursday said it has achieved a revenue record of $83 billion, up 2 per cent year-over-year. Apple CEO Tim Cook, during an earnings call, said the 83 billion dollar revenue was "better than we expected despite supply constraints, strong foreign exchange headwinds and the impact of our business in Russia."
Armaan Jain and Anissa Malhotra's wedding celebrations continued with a star-studded reception held on February 4.
The actor turned showstopper for designers Shantanu and Nikhil.
Having done exceedingly well to not just turn up but run roughshod over a hapless Zimbabwe on all fronts in the preceding two One-Day Internationals, India goes into the third and final match of the series knowing well that the script is unlikely to change when the teams meet again at the Harare Sports Complex on Monday.
Before facing the might of Shaheen Shah Afridi in Asia Cup, a morning session with deliveries moving both sides, albeit with a gentle pace, would be decent enough extended net session for Rahul.
The tourists had elected to bat and posted a massive 510 for eight declared, boosted by a maiden double-ton for opener Abid Ali, who spent almost 11 hours at the crease for his 215.
Not just a protective gear, face masks have become a fashion accessory for everyone.
The CBI has closed a case against former Air India CMD Arvind Jadhav and others over alleged corruption in the appointments of general managers after the central government refused to grant its sanction to prosecute him, officials said. The agency had booked Jadhav, then general manager L P Nakhwa (now retired), and then additional general managers A Kathpalia, Amitabh Singh and Rohit Bhasin after a year-long preliminary enquiry, they said. It was alleged that Jadhav had constituted illegal/irregular promotion panel to recommend suitable candidates for promotion to the post of general manager (operations), they said.
Apple's newest phone iPhone 14 will be made in India as the global tech titan bets big on the manufacturing prowess of the world's second-biggest smartphone market after China.
Competition Commission has approved Tata Group's proposed acquisition of debt-laden Air India as well as its two subsidiaries. The Rs 18,000 crore-deal that includes the winning bidder Talace taking over Rs 15,300 crore-worth debt, is a major step in the government's efforts over the years to revive the ailing airline. Talace Pvt Ltd, a wholly-owned subsidiary of Tata Sons, emerged as the winning bidder in October.
As Jean-Paul Gaultier bids farewell to the ramp, we take a look at some of his best runway moments.
There is increasing friction between the IAF's military requirements, and the AAI's need to provide infrastructure to many more airlines.
We look back at some of the most inspiring fashion moments of the year.
Bharti group-backed OneWeb and New Space India Limited, the commercial arm of the Indian Space Research Organisation, have entered into an agreement that will help ensure OneWeb completes its satellite launch programme. The first launch with New Space India is expected in 2022 from the Satish Dhawan Space Centre (SDSC) SHAR, Sriharikota. The launches will add to Low Earth Orbit (LEO) satellite communications firm OneWeb's total in-orbit constellation of 428 satellites -- 66 per cent of the planned total fleet -- to build a global network that will deliver high-speed, low-latency connectivity.
This is the fourth extension given by the government for putting in bids.
'My dream was to see them qualify for the T20 World Cup in Australia. This is like icing on the cake'
'The Iranians are very resilient people. So even when they are throttled, they try their best to survive.'
Indian women's team put up a highly commendable performance, dominating Australia for the better part in its maiden Day/Night Test, which ended in a draw primarily due to inclement weather during the first two days.
Mumbai Indians players finally got a chance to mingle with each other off the field as the franchise had its first team bonding session in Abu Dhabi on Monday.
Air India's passenger service system provider SITA faced a sophisticated cyberattack in February this year leading to leak of personal data of 4.5 million passengers -- which included passengers of the national carrier -- from across the world, an official statement said on Friday. Personal data -- including name, date of birth, contact information, passport information, ticket information and credit card data -- which was registered between August 11, 2011, and February 3, 2021, has been leaked of a certain number of Air India's passengers, the statement issued by the airline said. "While we and our data processor continue to take remedial actions...We would also encourage passengers to change passwords wherever applicable to ensure safety of their personal data," it said.
R Ashwin is the only Indian bowler to feature in the top ten ICC rankings in the Test format
Mumbai-based LGBTQ activist Laxmi Narayan kick-started the Times Fashion Week in Mumbai.
Bharti will invest an additional $500 million (over Rs 3,700 crore) into OneWeb, to become the largest shareholder in the satellite communications company that billionaire Sunil Mittal-run Bharti Group along with the UK government had rescued from bankruptcy last year. The investment is a result of exercise of a 'call option' by Bharti. On completion of the transaction and with Eutelsat's $550 million investment, Bharti will hold 38.6 per cent. The UK government, Eutelsat and SoftBank will each own 19.3 per cent, OneWeb said in a statement.
No response has been received for the Expression of Interest floated for the strategic divestment of Air India
Australia women's coach Matthew Mott admitted that his team were kept under the pump all through the Test and 'we never really got back in the game'.
India's largest public sector bank State Bank of India (SBI) will support Tata group's bid for soon-to-be-privatised Air India by subscribing to Tata Sons debentures or funding the special purpose vehicle (SPV) set up by Tata Sons for the acquisition. Bankers said the credit rating of Tata group's holding company is "AAA" signifying high safety and a combination of Air India with its existing airline businesses would make it a formidable player - leading to a duopoly market with IndiGo. It would also open many business opportunities, including in the retail segment, an official said.
EU and UK laws require airlines to incorporate data protection measures and report data breach to regulators within 72 hours. Non-compliance can invite steep fines.
This comes at a time when the group's copper plant in Tamil Nadu remains shut for nearly three years, causing a Rs 5 crore loss every day.
The government has notified the agreement between Air India and special purpose vehicle AIAHL for the transfer of non-core assets, ahead of the national airline's takeover by the Tata Group. The government had in October last year, inked the share purchase agreement with the Tata Group for the sale of national carrier Air India for Rs 18,000 crore. The Tata Group is expected to take full control of the airline, it founded in 1932, on Thursday. The cash component of the deal would come once the handover process is completed. The Tata Group would pay Rs 2,700 crore cash and take over Rs 15,300 crore of the airline's debt.
Virat Kohli has held on to his fifth spot in the latest ICC Test rankings for batsmen.
Ready for the joyous cine fest on the French Riveira that Bollywood folk can't get enough of?
The Delhi high court on Thursday dismissed BJP leader Subramanian Swamy's plea seeking to set aside the Air India divestment process on the allegation that the methodology adopted by the government in the valuation of the national carrier was "arbitrary, illegal and against public interest". The order was passed by a bench of Chief Justice D N Patel and Justice Jyoti Singh. The court said a detailed order will be uploaded. "Dr. Subramanian Swamy, sir we are dismissing this matter...," the bench said.
The government has initiated the process for inviting financial bids for the sale of national carrier Air India and the deal is likely to conclude by September, sources said. Salt-to-software conglomerate Tata Group was among the "multiple" entities that had put in preliminary bids for buying loss-making Air India in December last year. The sources said that after analysing the preliminary bids, eligible bidders were given access to the Virtual Data Room (VDR) of Air India, following which investors' queries were answered.
That such a deal can be greeted with celebration in the camps of both buyer and seller speaks volumes about the airline and its recent history, explains T N Ninan.
It Happened One Night... And it won't happen again. Not in a long, long, time.
Triumph International India recently launched their sportswear and beauty range of inner wear.
The government will transfer about Rs 16,000 crore of unpaid fuel bills and other pending dues that Air India owes to suppliers, to a special purpose vehicle before handing over the loss-making airline to the Tata Group, a senior official said. Air India Assets Holding Ltd (AIAHL), which will hold non-core assets of Air India such as land and building, will also be saddled with 75 per cent of the airline's debt that the Tata Group is not taking over. Besides the debt, the excess liability going to AIAHL comprises unpaid fuel bills to oil companies, airport operators and vendors, said Tuhin Kanta Pandey, Secretary to the Department of Investment and Public Asset Management - the department running the privatisation programme of the government.
